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Dollar rallied sharply today after news broke that Republican candidate Donald Trump defeated Democrat Kamala Harris in North Carolina, a crucial battleground state. This win is considered a pivotal move toward Trump’s return to office, sparking significant moves across financial markets. US stock futures responded with enthusiasm, with DOW futures climbing over 500 points. Meanwhile,

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices traded marginally lower on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race. As of 10:00 am, December gold futures were trading at Rs 78,434 per 10 grams on the MCX, down by Rs 73, or 0.09%, from the previous session’s closing price. Meanwhile, December silver futures were

Global currency markets are treading water today, as all eyes turn to the US presidential election, where Kamala Harris and Donald Trump are in a dead heat. Adding to the suspense, the Congressional elections will determine the president’s ability to push policy forward effectively, making the stakes especially high. Given the close race and critical

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Written by , ETMarkets.com| Nov 05, 2024, 08:25:31 PM IST 1/3 Stock Ideas Nifty opened on a negative note and had heavy selling pressure in the first half. However, the index recovered well in the second half to close on a positive note.“Technically, the Nifty formed a piercing line candle on the daily chart around the

Australian Dollar remained stable after RBA decided to keep the cash rate unchanged at 4.35% as widely expected. In the post-meeting press conference, Governor Michelle Bullock acknowledged that there has been “good progress” in reducing inflation. However, the central bank did not adopt a more dovish stance, which came as a surprise to some market

But regardless of the closing time of the polls, different states will have different procedures in counting votes and that could see the results spill over to the next one or two days (or more). But as outlined here, the main focus will be on the key battleground states i.e. swing states once again. So,

Gold December futures contracts at MCX opened flat today at Rs 78,235 per 10 gram, which is down by 0.24% or Rs 187 while silver December futures contracts were trading at Rs 94,092/kg, down by 0.2% or Rs 192. Gold prices fell by Rs 1,000/ 10 grams in the last one week while silver prices

Dollar remains the weakest currency in the lead-up to the US presidential election, though its downside appears contained as early selling momentum in Asia has not extended into European session. Safe-haven currencies, led by the Swiss Franc and Yen, are gaining as US and European Treasury yields retreat. Among other currencies, Sterling and Loonie are

The next few days are some big ones for the markets and for you too as a trader in the markets. The US election is a toss-up, which given the history of the past elections will likely lead to chaos. Everything and anything can happen. If it were a sporting event, it would be considered

Written by , ETMarkets.com| Nov 04, 2024, 08:00:48 PM IST 1/5 Stock Ideas Domestic equities saw a turbulent beginning to the new Samvat year as the benchmark Nifty tumbled 500 points during the day to test a fresh 4-month low.“From a technical point of view, the benchmark index has shown signs of a consolidation breakdown, and

Dollar took a notable downturn in the Asian session, and picking up downward momentum too, following a weekend poll that showed Democratic presidential candidate Kamala Harris edging ahead of former President Donald Trump in Iowa. Although Harris’s 47% to 44% lead falls within the 3.4% margin of error, this development marks a significant shift in

The snapshot of the dollar pairs above shows the greenback down across the board, after opening with a gap lower. Ignore the high for USD/JPY there as that is likely an error on the sheet. My chart has it at 152.54 and that’s the one I’m following. In any case, the dollar is down as

Gold December futures contracts at MCX opened lower by 0.55% or Rs 433 today at Rs 78,434 per 10 gram, while silver December futures contracts were trading at Rs 94,676/kg, down by 0.85% or Rs 807. Gold prices witnessed some profit booking from its all-time high of Rs 79,775/10 grams, falling by Rs 1,341 in

OPEC+ announced on Sunday that it will delay the planned December voluntary output increase by one month. Last week there was a report that this was on the table so it’s not a big surprise. If anything, the oil market could be disappointed that it wasn’t extended for more than a month. I expect any

Written by , ETMarkets.com| Oct 31, 2024, 03:33:29 PM IST 1/12 Tiny Titans Monitoring the activities of large institutional investors can be beneficial, as they conduct extensive research. An ETMarkets study shows that foreign institutional investors (FIIs) have steadily increased their investments in 112 small-cap stocks over the last four quarters (December 2023 to September 2024).

Earlier I wrote a post highlighting why Presidential betting odds have tightened. Well, in the last hour they’ve tightened further and it’s from a somewhat shocking place — Iowa. It was once a swing state but Trump won it by a large margin in 2016 and 2020. It’s largely been abandoned by the Harris campaign.